Ethereum Surges to $3,800 as Most Long Orders Close, Hitting Target in Two Weeks
Main Idea
Ethereum (ETH) has surged to $3,800, meeting forecasted targets, following the closure of most long orders and significant leveraged positions.
Key Points
1. Ethereum (ETH) reached $3,800 within two weeks, aligning with projected targets.
2. The price surge followed the closure of most long orders.
3. A whale took a $64.6M leveraged long position on ETH amid $73.66M in activity.
Description
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